With the turmoil in Ukraine and with the Crimea situation, there is a lot of market volatility with the geopolitical uncertainty that has ensued.
As ever oil prices are seen as an indicator of what is going on. OPEC have forecast consumption of oil to increase by 1.14millon barrels per day in 2014, this is up on their previous estimate.
Combined with the destabilising situation developing in Crimea, the forecast is for Petrol price rises on the forecourt and energy prices overall to rise - perhaps sharply.